TPG GP A, LLC

CIK

1903793

Location

FORT WORTH, TX

Portfolio Value

Mid $2,920,587,148

Diversification

Moderately concentrated

Filing Date

Global Rank

#950 / 8,605 ▲ 65 · as of Mar 2026

Top Industry

Medical Care Facilities 30.5%

3Y Alpha vs SPY

+2.8%

Period ended 3 months ago

Filed May 15, 2026 · 55d

18 quarters · since Dec 2021

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+93.4%

SPY

+76.5%

Annualised alpha

+3.7%

Max drawdown

−26.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

31 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

30.5%

−11.6 pts

Top 5

81.2%

−11.9 pts

Top 10

95.1%

−4.9 pts

HHI

1,692

Moderately concentrated−849

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	51.4%	$1,500,531,128	11
Financial Services	17.2%	$501,612,368	2
Consumer Cyclical	16.4%	$480,357,764	1
Industrials	10.1%	$295,619,610	5
Energy	2.5%	$73,172,298	1
Real Estate	0.8%	$22,187,171	3
Communication Services	0.7%	$21,352,250	2
Technology	0.7%	$20,582,559	5
Consumer Defensive	0.2%	$5,172,000	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
LFST	LifeStance Health Group, Inc.	−20,685,061	140,026,557	$891,969,168
SION	Sionna Therapeutics, Inc.	−250,000	6,494,962	$260,383,026
No positions match the current search.

New Positions

Positions the filer opened this quarter

22 positions

Ticker	Company	Shares	Value
JXN	Jackson Financial Inc.	4,715,554	$498,528,368
NGL	NGL Energy Partners LP	5,934,493	$73,172,298
NX	Quanex Building Products CORP	2,054,770	$36,924,216
EA	Electronic Arts Inc.	65,000	$13,251,550
NSC	Norfolk Southern Corp	40,000	$11,480,000
CWAN	Clearwater Analytics Holdings, Inc.	385,000	$9,105,250
WBD	Warner Bros. Discovery, Inc.	295,000	$8,100,700
OS	OneStream, Inc.	325,000	$7,800,000
PEN	Penumbra Inc	20,000	$6,567,400
GTLS	Chart Industries Inc	30,000	$6,202,500
KVUE	Kenvue Inc.	300,000	$5,172,000
MASI	Masimo Corp	25,000	$4,446,750
RLYB	Rallybio Corp	378,551	$3,395,602
SLAB	Silicon Laboratories Inc.	15,000	$3,122,250
DBRG	DigitalBridge Group, Inc.	200,000	$3,084,000
MITT	TPG Mortgage Investment Trust, Inc.	288,290	$2,107,399
APLS	Apellis Pharmaceuticals, Inc.	50,000	$2,011,500
CHMI	Cherry Hill Mortgage Investment Corp	556,605	$1,391,512
PAYO	Payoneer Global Inc.	83,946	$405,459
RVMD	Revolution Medicines, Inc.	2,500	$243,125
CORZ	Core Scientific, Inc./tx	10,000	$149,600
NVRI	Enviri Corp	3,613,688	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

31 positions · $2,920,587,148 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LFST	LifeStance Health Group, Inc. Healthcare	Reduced	140,026,557	-20,685,061	$891,969,168	−21.2%	30.54%
JXN	Jackson Financial Inc. Financial Services	NEW	4,715,554	NEW	$498,528,368	NEW	17.07%
LTH	Life Time Group Holdings, Inc. Consumer Cyclical	Held	17,830,652	0	$480,357,764	+1.4%	16.45%
SION	Sionna Therapeutics, Inc. Healthcare	Reduced	6,494,962	-250,000	$260,383,026	−6.2%	8.92%
BETA	BETA Technologies, Inc. Industrials	Reduced	16,395,435	-16,395,435	$241,012,894	−73.9%	8.25%
AMRX	Amneal Pharmaceuticals, Inc. Healthcare	Held	12,328,767	0	$153,246,573	−1.3%	5.25%
NGL	NGL Energy Partners LP Energy	NEW	5,934,493	NEW	$73,172,298	NEW	2.51%
CBLL	Ceribell, Inc. Healthcare	Held	3,967,422	0	$72,722,845	−16.4%	2.49%
BCAX	Bicara Therapeutics Inc. Healthcare	Held	3,010,425	0	$59,877,353	+18.2%	2.05%
ALLO	Allogene Therapeutics, Inc. Healthcare	Held	18,716,306	0	$45,667,786	+78.1%	1.56%
NX	Quanex Building Products CORP Industrials	NEW	2,054,770	NEW	$36,924,216	NEW	1.26%
TRTX	TPG RE Finance Trust, Inc. Real Estate	Held	2,392,863	0	$18,688,260	−9.3%	0.64%
EA	Electronic Arts Inc. Communication Services	NEW	65,000	NEW	$13,251,550	NEW	0.45%
NSC	Norfolk Southern Corp Industrials	NEW	40,000	NEW	$11,480,000	NEW	0.39%
CWAN	Clearwater Analytics Holdings, Inc. Technology	NEW	385,000	NEW	$9,105,250	NEW	0.31%
WBD	Warner Bros. Discovery, Inc. Communication Services	NEW	295,000	NEW	$8,100,700	NEW	0.28%
OS	OneStream, Inc. Technology	NEW	325,000	NEW	$7,800,000	NEW	0.27%
PEN	Penumbra Inc Healthcare	NEW	20,000	NEW	$6,567,400	NEW	0.22%
GTLS	Chart Industries Inc Industrials	NEW	30,000	NEW	$6,202,500	NEW	0.21%
KVUE	Kenvue Inc. Consumer Defensive	NEW	300,000	NEW	$5,172,000	NEW	0.18%
MASI	Masimo Corp Healthcare	NEW	25,000	NEW	$4,446,750	NEW	0.15%
RLYB	Rallybio Corp Healthcare	NEW	378,551	NEW	$3,395,602	NEW	0.12%
SLAB	Silicon Laboratories Inc. Technology	NEW	15,000	NEW	$3,122,250	NEW	0.11%
DBRG	DigitalBridge Group, Inc. Financial Services	NEW	200,000	NEW	$3,084,000	NEW	0.11%
MITT	TPG Mortgage Investment Trust, Inc. Real Estate	NEW	288,290	NEW	$2,107,399	NEW	0.07%
APLS	Apellis Pharmaceuticals, Inc. Healthcare	NEW	50,000	NEW	$2,011,500	NEW	0.07%
CHMI	Cherry Hill Mortgage Investment Corp Real Estate	NEW	556,605	NEW	$1,391,512	NEW	0.05%
PAYO	Payoneer Global Inc. Technology	NEW	83,946	NEW	$405,459	NEW	0.01%
RVMD	Revolution Medicines, Inc. Healthcare	NEW	2,500	NEW	$243,125	NEW	0.01%
CORZ	Core Scientific, Inc./tx Technology	NEW	10,000	NEW	$149,600	NEW	0.01%
NVRI	Enviri Corp Industrials	NEW	3,613,688	NEW	$0	NEW	0.00%